#Trump backs Musk's TikTok acquisition#
Hot Topic Overview
Overview
Trump recently expressed openness to Musk's acquisition of TikTok, stating that he is also open to Oracle founder Larry Ellison's acquisition. Trump hopes for a 50/50 joint venture between the US government and the acquirer, believing it would be worth hundreds of billions of dollars to the US. Ellison has also expressed interest in the acquisition, deeming it a good deal. Previously, Trump had ordered a ban on TikTok's operation in the US and demanded ByteDance sell TikTok's US operations.
Ace Hot Topic Analysis
Analysis
Trump is open to Musk acquiring TikTok and said he would be willing to work with the US on a 50/50 joint venture. This statement comes after Trump previously demanded TikTok sell its US operations. Trump believes that TikTok poses a threat to US national security and said he would ban its operation in the US if it did not sell to an American company. Musk previously expressed interest in acquiring TikTok and said he would ensure that TikTok's US operations comply with US laws and security standards. Trump's openness to Musk acquiring TikTok suggests that he may be willing to accept Musk's acquisition offer and may reach an agreement with Musk to ensure that TikTok's US operations are in the best interests of the US. However, it is unclear whether Musk will ultimately acquire TikTok and what kind of agreement Trump and Musk will reach.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump
is
open
to
Musk's
acquisition
of
TikTok
,
Trump
believes
that
Musk
or
Ellison
acquiring
TikTok
could
reach
a
50/50
joint
venture
agreement
,
Trump
believes
that
the
acquisition
of
TikTok
needs
US
participation
to
gain
value
,
Ellison
has
expressed
interest
in
acquiring
TikTok